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Stock Market & Financial Investment News

News Breaks
May 5, 2014
10:00 EDTPSDV, RXII, HEAR, MCEP, LGCY, LQ, LJPC, LRE, KING, FEYE, ADMSOn The Fly: Analyst Initiation Summary
Adamas Pharmaceuticals (ADMS) initiated with an Overweight at Piper Jaffray... FireEye (FEYE) initiated with a Hold at Deutsche Bank... King Digital (KING) initiated with a Buy at BofA/Merrill... LRR Energy (LRE) initiated with an Underperform at BofA/Merrill... La Jolla (LJPC) initiated with a Buy at H.C. Wainwright... La Quinta (LQ) initiated with a Buy at Stifel... Legacy Reserves (LGCY) reinstated with a Neutral at BofA/Merrill... Mid-Con Energy (MCEP) initiated with an Underperform at BofA/Merrill... Parametric Sound (HEAR) initiated with an Outperform at Cowen... RXi Pharmaceuticals (RXII) initiated with a Buy at H.C. Wainwright... pSivida (PSDV) initiated with a Buy at MLV & Co.
News For ADMS;FEYE;KING;LRE;LJPC;LQ;LGCY;MCEP;HEAR;RXII;PSDV From The Last 14 Days
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October 23, 2014
15:53 EDTLJPCLa Jolla's GCS-100 Phase 2a abstract released, says Jefferies
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11:25 EDTFEYEInternet security names climb after Check Point, Fortinet beat expectations
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October 22, 2014
16:09 EDTLQLa Quinta sees FY14 adjusted EBITDA $367M-$372M
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16:05 EDTLQLa Quinta sees FY14 RevPAR growth 7%-7.5%
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16:04 EDTLQLa Quinta reports Q3 EPS 16c, consensus 17c
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06:44 EDTFEYEU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 20, 2014
12:03 EDTKINGKing Digital launches Candy Crush Soda Saga worldwide on Facebook
Earlier today, King Digital Entertainment (KING) announced that Candy Crush Soda Saga, the sister title to hit game Candy Crush Saga, has launched worldwide on Facebook (FB). Candy Crush Soda Saga is the next iteration in the Candy Crush franchise, set in the world of the Candy Kingdom. Fans of the original hit can now switch and match their way through new dimensions of gameplay with exciting new graphics and features including game modes, candy combinations, gameplay mechanics and more. Candy Crush Soda Saga is set to launch on mobile in the coming weeks.
October 17, 2014
12:30 EDTLRELRR Energy board increases quarterly dividend to 49.75c
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08:30 EDTLQLodging cycle is not broken, says Credit Suisse
Credit Suisse said the correction in the Lodging group has crated a buying opportunity in its best ideas, Marriott (MAR), Hilton (HLT) and La Quinta (LQ). The analyst said low supply growth, healthy corporate travel demand, and lower gasoline prices continue to support the lodging cycle.
October 16, 2014
10:01 EDTFEYEOn The Fly: Analyst Upgrade Summary
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05:31 EDTFEYEFireEye upgraded to Overweight from Neutral at JPMorgan
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October 14, 2014
10:52 EDTMCEPMid-Con Energy upgraded to Buy from Neutral at Ladenburg
Ladenburg upgraded Mid-Con Energy with a $26 price target citing growth potential from the company's acquisition of properties in the Permian.
09:54 EDTKINGKing Digital falls, levels to watch
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October 13, 2014
17:13 EDTMCEPMid-Con Energy acquires mature oil properties in Permian Basin for $120M
Mid-Con Energy Partners, through its wholly owned subsidiary, Mid-Con Energy Properties, announces that it has entered into a definitive agreement to acquire net proved oil reserves estimated at 6.1M barrels of oil equivalent for an aggregate purchase price of approximately $120M. In connection with the acquisition, the Partnership has secured committed bank financing to support the purchase price. The acquisition is subject to customary post-closing adjustments and is expected to close in November, with an effective date of September 1. The Eastern Shelf acquisition includes a number of properties covering approximately 18,000 net acres in Coke, Coleman, Fisher, Haskell, Jones, Kent, Nolan, Runnels, Stonewall, Taylor, and Tom Green Counties, Texas. The Eastern Shelf is comprised of mature producing assets that are in the early stages of redevelopment that offer primary production with waterflood potential. Mid-Con Energy will operate the Eastern Shelf properties and will hold an approximate 96% average working interest across the acquired properties. The acquisition is projected to be immediately accretive to Distributable Cash Flow per unit.
09:23 EDTFEYEHP could buy lower valuation company, says Bernstein
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October 12, 2014
17:34 EDTFEYEJPMorgan to double spending on cybersecurity over next five years, WSJ says
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